Which financial institution has teamed up with Muthoot Microfin to empower rural women entrepreneurs?

ANS:A - SBI

State Bank of India (SBI) has teamed up with Muthoot Microfin to empower rural women entrepreneurs. This partnership aims to provide financial support and resources to women in rural areas, enabling them to start and expand small businesses. The collaboration leverages SBI’s extensive banking network and financial expertise along with Muthoot Microfin’s experience in microfinance and outreach to underserved communities. Through this initiative, the institutions seek to facilitate access to microloans and financial services tailored to the needs of rural women, thereby fostering economic empowerment and inclusive growth. The program is designed to support women entrepreneurs in overcoming barriers to capital, providing them with the tools and resources necessary to succeed in their ventures. By focusing on rural women, the partnership addresses key issues such as gender inequality and economic disparity, contributing to the broader goal of promoting sustainable development and enhancing the economic resilience of rural communities.